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and the issues that we are going to address with this sort of fiscal cliff, fiscal slope, hill, wharf you want to call it are going to be very, very important issues. i want to clear one things up. the republicans wants to talk about deductions all the time. one of the key distinctions between letting the taxes go up a little bit on the 2% versus trying to find this money through deductions, is the fact when we're talking about capping deductions, that's something that's going to impact middle class families and middle class earners the most. and so it really is -- i don't want to make this about class warfare. it's really about what is fiscally smart for the economy. most economists are telling us this tax increase will not have very much impact in terms of growth. if you talk about essentially raising taxes on 98% of americans either through some kind of crazy deduction plan or just letting the bush tax cuts go, that can have a very, very severe effect on the economy. >> as usual dr. peterson makes a superb point. president clinton used to say if you want to live like a republican,
and the issues that we are going to address with this sort of fiscal cliff, fiscal slope, hill, wharf you want to call it are going to be very, very important issues. i want to clear one things up. the republicans wants to talk about deductions all the time. one of the key distinctions between letting the taxes go up a little bit on the 2% versus trying to find this money through deductions, is the fact when we're talking about capping deductions, that's something that's going to impact middle...
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cliff. >> speaker boehner says no progress has been made in the fiscal cliff talks with the president with just about three weeks left before the deadline. we'll check in with political editor mark murray. first, lawyers for george zimmerman have filed a lawsuit against nbc universal for its coverage of the february 26th, 2012 shooting death of trayvon martin in sanford, florida. it alleges defamation and intentional infliction of emotional distress. in a statement the parent company said, quote, we strongly disagree with the accusations made in the complaint. there was no intent to portray mr. zimmerman unfairly. we intend to vigorously defend our position in court. we'll be right back. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to
cliff. >> speaker boehner says no progress has been made in the fiscal cliff talks with the president with just about three weeks left before the deadline. we'll check in with political editor mark murray. first, lawyers for george zimmerman have filed a lawsuit against nbc universal for its coverage of the february 26th, 2012 shooting death of trayvon martin in sanford, florida. it alleges defamation and intentional infliction of emotional distress. in a statement the parent company...
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this all comes as we get word that the fiscal cliff talks will boil down to what happens between two people and only two people. president obama and john boehner. even all sides of the party are excluded. >>> with 25 days before taxes go up for nearly every single american, what effect will the jobs report have on the fiscal standoff? we'll get live remarks from john boehner who is going to try to use the jobs report to the republican's advantage. representative, let's start with the november jobs report numbers. they look very good, good news overall for the koirnlt tree. but speaker boehner said this, the democrats plan to slow walk our economy to the edge of the fiscal cliff instead of engaging in serious talks to avert the cliff, that includes spending cuts and tax reforms the president once supported. the white house has only offered a joke. i understand we have speaker boehner to the microphones. let's take a listen. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. eight days ago secretary geithne
this all comes as we get word that the fiscal cliff talks will boil down to what happens between two people and only two people. president obama and john boehner. even all sides of the party are excluded. >>> with 25 days before taxes go up for nearly every single american, what effect will the jobs report have on the fiscal standoff? we'll get live remarks from john boehner who is going to try to use the jobs report to the republican's advantage. representative, let's start with the...
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it comes around the issue of the fiscal cliff talks about what the party wants to be. whether there's going to be a tea party 2 or whether there's something of a vacuum that doesn't get filled with demint leaving the senate. >> all right. david, thank you so much. we'll be watching "meet the press" this sunday as we do every sunday. eugene, thank you as well. your latest column online at washingtonpost.com. >> guard that mustache, gene. >> i'm going to guard it with my life. >> and congressman emanuel cleaver, great to have you on set with us. >>> coming up, nbc chief white house correspondent chuck todd. and later in the show, "the economist" crunched the numbers and came up with the best countries to be born in in 2013. and the united states does not top their list. we'll find out who does ahead on "morning joe." [ male announcer ] there are plenty of reasons to be jolly at the chevy year-end event because chevy's giving more. more efficiency with sonic and cruze... more function in equinox and traverse... more dependability with the legendary silverado... and more s
it comes around the issue of the fiscal cliff talks about what the party wants to be. whether there's going to be a tea party 2 or whether there's something of a vacuum that doesn't get filled with demint leaving the senate. >> all right. david, thank you so much. we'll be watching "meet the press" this sunday as we do every sunday. eugene, thank you as well. your latest column online at washingtonpost.com. >> guard that mustache, gene. >> i'm going to guard it with...
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this fiscal cliff we talk about, i'm afraid is no bungee jump. what goes down doesn't by necessity come back up. this is why i've warned to know the president is working here for an early deal, one before christmas. this country needs to get back on its feet economically. we went through financial chaos under w. president obama came in to right things. he's been doing it, gradually getting us to forget how bad things were. fortunately for him the voters remember how bad they were. that's one reason they don't blame obama for the weak economy, they still blame w. this isn't about right or wrong. it's about being smart and not putting the country a
this fiscal cliff we talk about, i'm afraid is no bungee jump. what goes down doesn't by necessity come back up. this is why i've warned to know the president is working here for an early deal, one before christmas. this country needs to get back on its feet economically. we went through financial chaos under w. president obama came in to right things. he's been doing it, gradually getting us to forget how bad things were. fortunately for him the voters remember how bad they were. that's one...
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we're talking a bull or a bear market. wa wall street is saying about the fiscal cliff. plus kate out of the hospital but is she out of the woods. she's out of the hospital after battling a treatment for severe morning sickness. we get a report from london straight ahead. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. citi price rewind. avoid bad.fats. don't go over 2000... 1200 calories a day. carbs are bad. carbs are good. the story keeps changing. so i'm not listening... to anyone but myself. i know better nutrition when i see it: great grains. great grains cereal starts whole and stays whole. see the seam? more processed flakes look nothing like natural grains. you can't argue with nutrition you can see. great grains. search great grains a
we're talking a bull or a bear market. wa wall street is saying about the fiscal cliff. plus kate out of the hospital but is she out of the woods. she's out of the hospital after battling a treatment for severe morning sickness. we get a report from london straight ahead. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your...
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. >> the whole thing about investing-- and obviously everybody's paying attention to the fiscal cliff. businesspeople i've talked to at this point are saying, listen, closing loopholes, raising rates, we don't care because if there is damage done there, it's much less than not reaching a deal. so reach a deal first. we don't even care anymore about this stuff, just get it done. but in terms of investing these days, you know, it's tough out there, of course. the idea is to be a contrarian, to think different. that's the only way, really, to get ahead over the long run. we have a story about jack bogel who has a company called vanguard, now $2.2 trillion colossus that he's built up by having low-cost index funds which people can't get their brains wrapped ar eped around, a really good strategy. we have a story about apple which is kind of the stock of our time. >> we asked the question, can you continue to be obsessed with apple stock? >> yes, i think you can. what's interesting about apple, and it's, again, sort of a contrarian position. a lot of people think the stock is really expens
. >> the whole thing about investing-- and obviously everybody's paying attention to the fiscal cliff. businesspeople i've talked to at this point are saying, listen, closing loopholes, raising rates, we don't care because if there is damage done there, it's much less than not reaching a deal. so reach a deal first. we don't even care anymore about this stuff, just get it done. but in terms of investing these days, you know, it's tough out there, of course. the idea is to be a contrarian,...
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plus, the fiscal cliff standoff with republican congressman tom cole and former treasury official robert alman. senator maria can'twell tackles the spike on the east coast. "andrea mitchell reports" is up next. how? they work with vmware to provide virtualization and cloud solutions tailored to a company's unique i.t. needs. so, you're my caddy. what solution would you provide for me now? well, you're 30 yards away from the green. you've got a bunker to the left of you and a bunker to the right of you. and remember, this is client golf. tomato, obviously. haha. there's more than that though, there's a kick to it. wahlalalalallala! smooth, but crisp. it's kind of like drinking a food that's a drink, or a drink that's a food, woooooh! [ male announcer ] taste it and describe the indescribable. could've had a v8. [ ding! ] ...and spend time on the slopes. take alka-seltzer plus cold & cough... [ buzz! ] take dayquil. use nyquil d... [ ding! ] ...and get longer nighttime cough relief. use tylenol cold multisymptom nighttime... [ coughs ] [ buzz! ] [ screams ] ...and you could find yourself..
plus, the fiscal cliff standoff with republican congressman tom cole and former treasury official robert alman. senator maria can'twell tackles the spike on the east coast. "andrea mitchell reports" is up next. how? they work with vmware to provide virtualization and cloud solutions tailored to a company's unique i.t. needs. so, you're my caddy. what solution would you provide for me now? well, you're 30 yards away from the green. you've got a bunker to the left of you and a bunker to...
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lawmakers are channeling their inner publicists in the fiscal cliff negotiations. that pr aside, are we any closer to common ground? and it if all this sounds familiar, it is. we will talk deal making and deja vu with ben jaman wallace walls, and the ranking member of the house budget committee congressman chris van hollen. plus liz wet bar ren's return to washington and her role as a wall street enforcer and activist kerry kennedy joins us for a discussion about human rights and her father's legacy when "now" starts in a mere 180 seconds. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highest average star rating
lawmakers are channeling their inner publicists in the fiscal cliff negotiations. that pr aside, are we any closer to common ground? and it if all this sounds familiar, it is. we will talk deal making and deja vu with ben jaman wallace walls, and the ranking member of the house budget committee congressman chris van hollen. plus liz wet bar ren's return to washington and her role as a wall street enforcer and activist kerry kennedy joins us for a discussion about human rights and her father's...
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. >> what nancy pelosi was talking about wasn't exactly the tax cuts now, fiscal cliff later. both sides have said this has to be a two-step process, there has to be some kind of commitment in downpayment on taxes and entitlement cuts and sets up a framework for broader and comprehensive tax and entitlement reform next year because it is such a big, huge change to how we tax and how we would provide medicare and medicaid and social security, you can't do it all in four books. this new idea that republicans get more leverage if they give the president taxes now and hold out on, and hold the line on the debt ceiling like they did last summer successfully is something that is new and i think a different kind of two-part plan that republicans are starting to consider as maybe a backup plan that gives them the ability to say we lost the 2% tax hikes now, but we're going to fight later on the debt ceiling. >> let me bring in congressman james lang foford, fifth rankin republican in the house, congratulations, good morning. >> thank you, good morning. >> let me ask you about the poss
. >> what nancy pelosi was talking about wasn't exactly the tax cuts now, fiscal cliff later. both sides have said this has to be a two-step process, there has to be some kind of commitment in downpayment on taxes and entitlement cuts and sets up a framework for broader and comprehensive tax and entitlement reform next year because it is such a big, huge change to how we tax and how we would provide medicare and medicaid and social security, you can't do it all in four books. this new...
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we've been talking, dr. brzezinski, about the fiscal cliff. i'd love your take on it, what signal it sends to the rest of the world that we don't seem to be able to put our economic house in order. >> well, the way you put it, you give the answer. your answer is right. we look a little bit disorderly. indecisive, leaderless. that's a real problem. and that's a problem that concerns me particularly on foreign affairs. the presidency, not just president obama, but the presidency in recent years has lost some of the terrain that they used to dominate in the making of foreign policy. i think president obama has to make a serious effort to regain it because he lost some of it himself. >> lost terrain to congress or to whom? >> to congress and to the world. that is to say his capacity to take decisive actions has been limited by congressional intervention, by the influence of lobbies, by the sense that he gives good speeches, very good speeches, and he really understands the world, but the follow-through in terms of policy is somewhat not there. so
we've been talking, dr. brzezinski, about the fiscal cliff. i'd love your take on it, what signal it sends to the rest of the world that we don't seem to be able to put our economic house in order. >> well, the way you put it, you give the answer. your answer is right. we look a little bit disorderly. indecisive, leaderless. that's a real problem. and that's a problem that concerns me particularly on foreign affairs. the presidency, not just president obama, but the presidency in recent...
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. >>> can both parties reach an agreement ones fiscal cliff? 40% of you say yes, 60% say no. >>> coming up, this could be one of the dumbest votes the republicans have ever cast in the history of the senate. we'll talk about the big win and the emotional reaction from moderates. that's next. what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostat
. >>> can both parties reach an agreement ones fiscal cliff? 40% of you say yes, 60% say no. >>> coming up, this could be one of the dumbest votes the republicans have ever cast in the history of the senate. we'll talk about the big win and the emotional reaction from moderates. that's next. what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for...
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. >>> can both parties reach an agreement ones fiscal cliff? 40% of you say yes, 60% say no. >>> coming up, this could be one of the dumbest votes the republicans have ever cast in the history of the senate. we'll talk about the big win and the emotional reaction from moderates. that's next. suddenly, she does something unexpected and you see the woman you fell in love with. she's everything to you. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, ups
. >>> can both parties reach an agreement ones fiscal cliff? 40% of you say yes, 60% say no. >>> coming up, this could be one of the dumbest votes the republicans have ever cast in the history of the senate. we'll talk about the big win and the emotional reaction from moderates. that's next. suddenly, she does something unexpected and you see the woman you fell in love with. she's everything to you. but your erectile dysfunction - that could be a question of blood flow. cialis...
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. >>> can both parties reach an agreement ones fiscal cliff? 40% of you say yes, 60% say no. >>> coming up, this could be one of the dumbest votes the republicans have ever cast in the history of the senate. we'll talk about the big win and the emotional reaction from moderates. that's next. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ and the next great idea could be yours. customer erin swenson bought so, i'm happy. today. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. happ
. >>> can both parties reach an agreement ones fiscal cliff? 40% of you say yes, 60% say no. >>> coming up, this could be one of the dumbest votes the republicans have ever cast in the history of the senate. we'll talk about the big win and the emotional reaction from moderates. that's next. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas...
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plus, governors are warnings that a failure to reach a deal on the fiscal cliff could mean havoc for state economies. they're telling congress to get together and get something done. i'll talk with two governors who met the president just a few hours ago, but first in today's money minute, here's a look at the markets. ♪ ♪ mom? dad? guys? [ engine turns over ] [ engine revs ] ♪ he'll be fine. [ male announcer ] more people are leaving bmw, mercedes and lexus for audi than ever before. take advantage of exceptional values during the season of audi event. gives you a low $18.50 monthly plan premium... and select generic hypertension drugs available for only a penny... so you can focus on what really matters. call humana at 1-800-808-4003. five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. you won't take our future. aids affects us all. even babies. chevron is working to stop mothe
plus, governors are warnings that a failure to reach a deal on the fiscal cliff could mean havoc for state economies. they're telling congress to get together and get something done. i'll talk with two governors who met the president just a few hours ago, but first in today's money minute, here's a look at the markets. ♪ ♪ mom? dad? guys? [ engine turns over ] [ engine revs ] ♪ he'll be fine. [ male announcer ] more people are leaving bmw, mercedes and lexus for audi than ever before....
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it's called the fiscal cliff. so, you know, in my darker moments, i think we're going over it, and what if we went over it and the world didn't end? that would be kind of interesting. we'd take a big bite out of the deficit and everybody's taxes would go up, but i think the sun would come up tomorrow. >> huh. >> we may find out. >> okay, little orphan annie. >> so, gene, do you think right now that's you advise the president to do if the republicans don't come forward with more specifics? >> if i'm advising the president right now i'm advising him to wait a while. and that maybe when we get closer to the date, the calendar will concentrate the minds of many people in washington and a conversation will be more fruitful. >> all right. >> okay. eugene robinson, thank you. >>> still ahead, the former british prime minister tony blair joins us next. >>> and next, the "national journal's" ron fournier tells us his touching cover story next. you're watching "morning joe" brewed by starbucks. americans are always ready to
it's called the fiscal cliff. so, you know, in my darker moments, i think we're going over it, and what if we went over it and the world didn't end? that would be kind of interesting. we'd take a big bite out of the deficit and everybody's taxes would go up, but i think the sun would come up tomorrow. >> huh. >> we may find out. >> okay, little orphan annie. >> so, gene, do you think right now that's you advise the president to do if the republicans don't come forward...
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cliff gets resolved. in the end, they have got not much. they can say they have a mandate so it's equal, but it really isn't and they know that. >> we seem to know as much about mitt romney's taxes as we do about the loopholes republicans are willing to close in this. they can't offer any specifics. is this a turnoff for the people? >> in fairness we have to recognize that there's been a lack of specifics on both sides here. they are negotiating in public. you notice that that's how this stuff is coming out. it's not phone calls between the two sides or closed-door meetings. we don't know what spending democrats would cut and we haven't even begun the entitlements discussion, which the president is theoretically open to. so there's a lot that still needs to happen. i mean for you and me and normal people, three weeks away may seem like a short time, but there's a feeling that this has barely even begun. >> here's senator bob corker and clairk mccaskill. here it is. >> great detail, very painful cuts to me
cliff gets resolved. in the end, they have got not much. they can say they have a mandate so it's equal, but it really isn't and they know that. >> we seem to know as much about mitt romney's taxes as we do about the loopholes republicans are willing to close in this. they can't offer any specifics. is this a turnoff for the people? >> in fairness we have to recognize that there's been a lack of specifics on both sides here. they are negotiating in public. you notice that that's how...
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fiscal cliff here and basically, i mean, i know next to nothing about the fiscal cliff or the negotiations that are going on. is your sense that there's more going on behind the scenes than what we talk about or what's in the papers? >> you know, i love -- no. there's not. i mean -- >> you mean we're right? >> no, it's one of those -- it's amazing. i think we all assume oh, there's got to be real stuff going on. this is just -- and maybe this is an elaborate ploy, right, that the president and boehner said okay, we're going to do all this and then magically we'll bring it all together as everybody feels everything's going to heck in a handbasket. but no, there's not a lot going on sort of behind the scenes. there isn't a backroom -- yes, rob neighbors who's the chief congressional liaison for the white house, he checks in daily with boehner's and mcconnell's office, but there's not real negotiations going on like we saw in the last ten days. but i also am a little bit of -- i think everybody should just go to -- you know, go to sleep, wake up on december 14th when there's about a week to g
fiscal cliff here and basically, i mean, i know next to nothing about the fiscal cliff or the negotiations that are going on. is your sense that there's more going on behind the scenes than what we talk about or what's in the papers? >> you know, i love -- no. there's not. i mean -- >> you mean we're right? >> no, it's one of those -- it's amazing. i think we all assume oh, there's got to be real stuff going on. this is just -- and maybe this is an elaborate ploy, right, that...
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fiscal cliff talks are they a nonstarter? >> i tell you, you listen to everything that is being said publicly. you see the president there. it's clear that the election, yes, is over. but the campaign goes on here. you know, i really believe that there two things that are clear from the white house to republicans. we are still in preliminary stages here, which is the good news, considering they are far apart. number two, the white house clearly feels it has the upper hand. it came with the $1.6 billion in new revenues and that's twice what the president was talking about before the election. republicans, obviously, rejecting it out of hand. we all heard by now republican leader in the senate mitch mcconnell laughed at it. there you see some of the provisions there. $600 billion in savings. some of it from medicare, another 50 billion in spending and new spending on infrastructure and stimulus spending. that's something that republicans aren't going to want to go to. the two sides are far apart. here we are on december 1st, th
fiscal cliff talks are they a nonstarter? >> i tell you, you listen to everything that is being said publicly. you see the president there. it's clear that the election, yes, is over. but the campaign goes on here. you know, i really believe that there two things that are clear from the white house to republicans. we are still in preliminary stages here, which is the good news, considering they are far apart. number two, the white house clearly feels it has the upper hand. it came with...
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would occur after the fiscal cliff deadline. the senate will organize itself at the start of the new year. so boehner's making threats that really have very, very little to do with reality. unfortunately, that seems like a lot of his approaches to this whole fiscal cliff debate. >> john nichols, great to have you with us. >>> there's a lot more coming up in the next half hour of "the ed show." stay with us. >>> we are a country of unlimited opportunity. we want the world's best and brightest to come here. >> house republicans pass an immigration bill. xavier becerra calls divisive and inferior. he's here to explain why, next. >>> the nation's first fast food strike is a historic protest for workers rights. the workers are fighting back and we'll tell you what it's all about. >>> and the white house debuts their first beau obama christmas video. but how does it stack up to barney cam? >> you're going to have to learn about the national parks if you want to be a junior park ranger. >>> welcome back to "the ed show." thanks for wat
would occur after the fiscal cliff deadline. the senate will organize itself at the start of the new year. so boehner's making threats that really have very, very little to do with reality. unfortunately, that seems like a lot of his approaches to this whole fiscal cliff debate. >> john nichols, great to have you with us. >>> there's a lot more coming up in the next half hour of "the ed show." stay with us. >>> we are a country of unlimited opportunity. we want...
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so if they lost this first round to fiscal cliff talks they can say we want this and this. so what the administration is going to do is one of two things. insist any fiscal cliff deal includes a raising of the debt ceiling or they're going to say, we want the power to raise the debt ceiling. you know, i think that might actually end up being a big sticking point of the negotiation. >> understandably they see it as the biggest point of leverage. >> it also seems to me the tone is moving in the wrong direction. after the -- right after the election, there was a little bit of recrimination, a little like well, boehner sounded getting squishy and what's happened over the succession of weeks since then, as he's meeting with the caucus, there's a hardening. in terms of -- >> or a disbelief -- a disbelief -- >> comes out and says stuff like that, you read some of the local papers, these people rshs it. >> are telling their local paper we're in a bad negotiation position here. >> the problem is, had he's probably a guy that's going to -- boehner will still be dealing with after jan
so if they lost this first round to fiscal cliff talks they can say we want this and this. so what the administration is going to do is one of two things. insist any fiscal cliff deal includes a raising of the debt ceiling or they're going to say, we want the power to raise the debt ceiling. you know, i think that might actually end up being a big sticking point of the negotiation. >> understandably they see it as the biggest point of leverage. >> it also seems to me the tone is...
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he is in pennsylvania at the toy factory talking fiscal cliff. you're watching "the daily rundown" only on msnbc. [ emily jo ] derrell comes into starbucks with his wife, danielle, almost every weekend. derrell hasn't been able to visit his mom back east in a long time. [ shirley ] things are sometimes a little tight around the house. i wasn't able to go to the wedding. [ emily jo ] since derrell couldn't get home, we decided to bring home to him and then just gave him a little bit of help finding his way. ♪ [ laughs ] [ applause ] i love you. i love you, too. side by side so you get the same coverage, often for less. that's one smart board. what else does it do, reverse gravity? [ laughs ] [ laughs ] [ whooshing ] tell me about it. why am i not going anywhere? you don't believe hard enough. a smarter way to shop around. now that's progressive. call or click today. [ grunting ] >>> mitt romney made it to the oval office yesterday, but not quite in the way he'd envision ed it. the two former rivals talked for over an hour over white turkey chili
he is in pennsylvania at the toy factory talking fiscal cliff. you're watching "the daily rundown" only on msnbc. [ emily jo ] derrell comes into starbucks with his wife, danielle, almost every weekend. derrell hasn't been able to visit his mom back east in a long time. [ shirley ] things are sometimes a little tight around the house. i wasn't able to go to the wedding. [ emily jo ] since derrell couldn't get home, we decided to bring home to him and then just gave him a little bit of...
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past the fiscal cliff for six months or maybe even a year to try to get the bigger package. >> so if halperin thinks biden's going to be the definer here, i'm a little concerned because anyone who goes to costco does not care about spending money. >> it's a fascinating question. eugene robinson, i must ask you -- we love joe. joe's amazing. >> he's perfect. >> does tom cole this morning feel a bit like uriah being sent out front only to be slaughtered? yes, let's be generous, let's talk about raising taxes, though i'm one of the most conservative conservatives. let's be responsible like the media's told us to be responsible. and then the president comes out with his offer, and everybody's just staring at him. he's going to be primaried. >> well, he could be primaried. i think that's the risk he ran. i think tom cole, what he said was smart, actually, and would be smart for the republicans to take. >> yeah, if you live in georgetown. >> to take a deal with 98%. look, what the president has done is put out a sort of maximalist opening position, and the way i look at it, it gives boehne
past the fiscal cliff for six months or maybe even a year to try to get the bigger package. >> so if halperin thinks biden's going to be the definer here, i'm a little concerned because anyone who goes to costco does not care about spending money. >> it's a fascinating question. eugene robinson, i must ask you -- we love joe. joe's amazing. >> he's perfect. >> does tom cole this morning feel a bit like uriah being sent out front only to be slaughtered? yes, let's be...
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proposal to avert the fiscal cliff. >> i don't know much about the government. is that a good sign if they make a proposal? >> when you do that to me, i know you're not taking me seriously, right? >> sometimes getting really stupid offers, also not polite. >>> plus, an update on the condition of the former president george h.w. bush. he had a health scare in houston yesterday. we're going to tell you how he's doing this morning. >>> but first let's get to the news live at 5:30 here at 30 rock in new york city. this morning, president obama departs to pennsylvania where he will continue his campaign sales pitch on how to solve the country's fiscal challenges. yesterday treasury secretary tim geithner met with republicans to unveil the white house's budget proposal which includes $1.6 trillion in new tax revenue over ten years as well as $50 billion in additional stimulus spending. with limited details on spending cuts, the gop's reaction, less than encouraging. senator mitch mcconnell reportedly burst into laughter while geithner was in the middle of outlining ob
proposal to avert the fiscal cliff. >> i don't know much about the government. is that a good sign if they make a proposal? >> when you do that to me, i know you're not taking me seriously, right? >> sometimes getting really stupid offers, also not polite. >>> plus, an update on the condition of the former president george h.w. bush. he had a health scare in houston yesterday. we're going to tell you how he's doing this morning. >>> but first let's get to the...
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details ahead. >>> meanwhile, washington was abuzz over avoiding the looming fiscal cliff. the president's lunch with mitt romney, the united nations note on palestine. all this as joe biden was christmas shopping. >>> and some amazing random acts of kindness. good morning, everyone. i'm lynn berry. and today the first of the two grand prize powerball winners will come forward to reveal themselves and have their lives change forever. and there's also buzz about a potential code within the winning numbers. nbc's kerry sanders has that story. >> reporter: in tiny dearborn, missouri, where just about everyone knows everyone, the question is was it one of their own who bought a winning powerball ticket? >> it's exciting, very exciting. we never, ever thought that we would sell the winning ticket, and here it is. we did. >> reporter: folks in this farming community just off interstate 70 are now trying to figure out if the winning numbers were chosen with meaning. dearborn is but 35 miles north of kansas city, home of the royals baseball team. those winning lottery numbers? they
details ahead. >>> meanwhile, washington was abuzz over avoiding the looming fiscal cliff. the president's lunch with mitt romney, the united nations note on palestine. all this as joe biden was christmas shopping. >>> and some amazing random acts of kindness. good morning, everyone. i'm lynn berry. and today the first of the two grand prize powerball winners will come forward to reveal themselves and have their lives change forever. and there's also buzz about a potential...
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i'll talk costco and fiscal cliff with steve greenhouse of "the new york times." >>> plus hostess executives tank their company and cost the people their jobs. so why are they still demanding millions of dollars in bonuses? >>> and we'll tell you how senator john mccain fits in with congressman louie gohmert's latest conspiracy theory. >> this administration sent planes and bombs and support to oust gadhafi so al qaeda and the muslim brotherhood could take over libya. >>> good to have you with us tonight, folks. republicans are walking tall in public but hanging their heads behind closed doors. john boehner struck a defiant tone during a news conference today. he blamed the president and democrats for stalling negotiations on a debt deal. >> despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. >> tough talk. it's also completely divorced from reality. right before the news conference, boe
i'll talk costco and fiscal cliff with steve greenhouse of "the new york times." >>> plus hostess executives tank their company and cost the people their jobs. so why are they still demanding millions of dollars in bonuses? >>> and we'll tell you how senator john mccain fits in with congressman louie gohmert's latest conspiracy theory. >> this administration sent planes and bombs and support to oust gadhafi so al qaeda and the muslim brotherhood could take over...
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cliff. it included $1.6 trillion in new revenue from tax hikes on the rich. the white house is giving $400 billion in savings from medicare and entitlements. there's also a request for at least $50 billion in infrastructure spending, mortgage relief, and other stimulus measures. none of this is a surprise to the republicans. this is what president obama campaigned on. it's also what republicans have been presented behind closed doors for weeks. "politico" reported on the deal taking shape behind the scenes. it includes most of the same details the white house has in its proposal. according to "politico" house republican leaders recognize president obama holds the high cards and the public is likely to blame republicans if negotiations blow up and the new year begins with a fiscal disaster. the facts didn't stop speaker boehner from claiming the white house is holding up negotiations. >> majority leader and i just had a meeting with the treasury secretary. it was frank, and it was direct. i w
cliff. it included $1.6 trillion in new revenue from tax hikes on the rich. the white house is giving $400 billion in savings from medicare and entitlements. there's also a request for at least $50 billion in infrastructure spending, mortgage relief, and other stimulus measures. none of this is a surprise to the republicans. this is what president obama campaigned on. it's also what republicans have been presented behind closed doors for weeks. "politico" reported on the deal taking...
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cliff. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. so right now all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. >> speaker boehner said the president needs to get serious about what spending cuts he's willing to make. but that was news to senate majority leader harry reid. >> he says that democrats have got to get serious about cuts, spending cuts. where is the disconnect then? >> i don't understand his brain, so you should ask him, okay? >> he's not alone. all this comes as treasury secretary tim geithner held separate meetings today with boehner, reid, nancy pelosi, and mitch mcconnell, and over at the white house spokesman jay carney said the debt ceiling should not be a pawn in any kind of fiscal gamesmanship. >> asking for a -- that a political price be paid in order for congress to do its job to ensure that the united states of america pays its bills and does not default for the first time in its history is deeply irresponsible. >> now, if you're sensing a distinc
cliff. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. so right now all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. >> speaker boehner said the president needs to get serious about what spending cuts he's willing to make. but that was news to senate majority leader harry reid. >> he says that democrats have got to get serious about cuts, spending cuts. where is...
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and that needs to be remembered when we're talking about the fiscal cliff. now, women really are, in fact, bearing the primary burden of all of these cuts. and so what we're saying is, let's don't engage in these cuts. let's have an aggressive jobs policy, put people to work, bring more money into the federal treasury, and lower the deficit that way. and, obviously, tax the millionaires and billionaires fairly for the first time in 30 years. >> right. >> so, terry, aggressive jobs program. great. that's the third way. president obama submitted to congress the american jobs act last september. so are you suggesting -- are you suggesting that that bill be passed? are you suggesting that it be reworked, junked and recreated? the second part of that question is, what are you going to do? what is now going to do to ensure that it gets passed? >> i would really much rather representative john connier's jobs bill be passed. it's much more aggressive. january ja cow ski also has a wonderful jobs bill. president obama's is much more modst. but it does lead us beginni
and that needs to be remembered when we're talking about the fiscal cliff. now, women really are, in fact, bearing the primary burden of all of these cuts. and so what we're saying is, let's don't engage in these cuts. let's have an aggressive jobs policy, put people to work, bring more money into the federal treasury, and lower the deficit that way. and, obviously, tax the millionaires and billionaires fairly for the first time in 30 years. >> right. >> so, terry, aggressive jobs...
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. >> i wanted to ask you about the current arguments about the fiscal cliff. and your perspective as senior editor who has seen so many of these negotiations in the past. mitch mcconnell's office issued a state, it's a negative one indeed. he says, in part that today they took -- they meaning the white house -- took a step backward moving away from consensus significantly closer to the cliff delaying again the real balanced solution that this crisis requires. of course we'll see a lot of posturing from both sides. are you persuaded that the administration needs to, and is prepared to do enough, on the medicare side, on the entitlement side, as well as getting these revenues, you know, from the republicans, concessions that speaker boehner says are on the table? >> well, i think the question of what's enough is a big question. but i have felt that both sides were going to be turning some toward the middle and the congress was going to catch up with the citizenry on all of this. i mean i am not -- i cannot possibly be described as a deeply informed about the fis
. >> i wanted to ask you about the current arguments about the fiscal cliff. and your perspective as senior editor who has seen so many of these negotiations in the past. mitch mcconnell's office issued a state, it's a negative one indeed. he says, in part that today they took -- they meaning the white house -- took a step backward moving away from consensus significantly closer to the cliff delaying again the real balanced solution that this crisis requires. of course we'll see a lot of...
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a lot to get into this morning as we talk about the fiscal cliff. erskine bowles says he thinks democrats and republicans are serious about getting a deal done, but when you hear congressman cole walking back statements, do you think that's true? >> cole doesn't want to be a political target of the right. so he can easily say i really didn't mean that prks and to ge of the news. and probably trying to set the table for other guys. which is a signal that the right wing is still very stuck in con kreetd as you said earlier. they don't want to move. they are denying election results. but there is real ominous things i think that are starting to surface here. any talk of a mortgage deduction change would be horrendous in my opinion and it would fly in the face of everything barack obama and joe biden ran on in protecting middle class. they have to be crystal clear that that is off the table. the housing crisis started the last recession. if they go after mortgage deductions, if they put that on the table even for high end homes, that will change sales,
a lot to get into this morning as we talk about the fiscal cliff. erskine bowles says he thinks democrats and republicans are serious about getting a deal done, but when you hear congressman cole walking back statements, do you think that's true? >> cole doesn't want to be a political target of the right. so he can easily say i really didn't mean that prks and to ge of the news. and probably trying to set the table for other guys. which is a signal that the right wing is still very stuck...
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but i do think that they would talk about fiscal cliff. they'd talk about tax reform. they'd talk about entitlements because, i mean, say what you will about mitt romney. i mean, he does have some ideas. and you would hope that he would come to the table without the pressure of the campaign, without the pressure of being the republican nominee, but just a businessman, american who thinks that he has some ideas to solve these problems, that he would be honest and truthful with what he would want to offer. but the other thing is, i don't think, though, what the base would want the president to say to him is what about the 47%? what about this gifts thing you said about me? the president's not going to do that. >> they're not going to talk about any of that. >> not at all. >> i think there's a long history of these kinds of touchy feely meetings and feel good. the idea that romney's going to engage in this budget thing and be helpful, chuck, i'd love to know what you think, but i don't really see that happening. >> reporter: no, that's not going to be the case. i mean, th
but i do think that they would talk about fiscal cliff. they'd talk about tax reform. they'd talk about entitlements because, i mean, say what you will about mitt romney. i mean, he does have some ideas. and you would hope that he would come to the table without the pressure of the campaign, without the pressure of being the republican nominee, but just a businessman, american who thinks that he has some ideas to solve these problems, that he would be honest and truthful with what he would want...